574 Cannon Street E
Hamilton (Gibson), ON L8L 2G4
- 4Bedrooms
- 3Bathrooms
- 2Parking
- 1100–1500Sq Ft
- $3,190Tax
- 24×100 ftLot Size
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Free Home EvaluationHow Much Is My Home Worth?Homes for Sale NearbySale & Price History for 574 Cannon Street E, Hamilton, Gibson
| Start Date | End Date | Price | Event | MLS# |
|---|---|---|---|---|
| 2025-03-28 | 2025-09-24 | Login to See Prices | Suspended | x12047702 |
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*Sold prices and complete sale & price history are regulated data. Under the Trust in Real Estate Services Act, 2002 (TRESA) and the rules of the Real Estate Council of Ontario (RECO), and pursuant to the Multiple Listing Service® rules of the Canadian Real Estate Association (CREA) and the Toronto Regional Real Estate Board (TRREB), this information may be shown only to registered users who have agreed to the applicable terms of use (a Virtual Office Website, or "VOW," arrangement). HOMEH Inc., Brokerage therefore provides it to signed-in members only. Creating an account is free and takes under a minute.
About 574 Cannon Street E, Hamilton, Gibson
Turnkey Multi Family Investment Opportunity in the Heart of Hamilton! An exceptional opportunity to own a fully renovated 3-Unit, cash-flowing multi-unit property in Downtown Hamilton! This investment boasts modern finishes, strong rental income, and minimal maintenance, making it a prime investment for any savvy buyer. SUITE MIX: 1 x 2-Bedroom Unit and 2 x 1-Bedroom Units All units updated within the last 3 years featuring modern finishes such as Quartz countertops, stainless steel appliances, vinyl plank flooring, subway tile backsplashes, and brand-new bathrooms. 2 of the 3 units feature private laundry for tenant convenience! Rent roll as such; Unit 1 (second floor): $1,695/month + Hydro, Unit 2 (Main floor): $1,600/month + Hydro and Unit 3 (Basement): $1,057/month (All-Inclusive). A sought-after area attracting young professionals and long-term tenants! Buyer to conduct their own due diligence regarding zoning.
Key Facts & Features
Property Costs
- Annual Property Tax Amount
- $3,190
- Land Transfer Tax Fee
- $11,473
Rental Items
- Rental Equipment
- Hot water tank
- Basement Type
- Finished, Separate Entrance
Interior Features
- Interior Extras
- Accessory Apartment, In-Law Suite, Separate Hydro Meter
- Fireplace/Stove
- No
- Elevator
- No
Exterior Features
- Pool
- None
Building
- Building Type
- Multiplex
- Building Style
- 2 1/2 Storey
- Approx Age
- 51-99
Construction
- Exterior Finish
- Brick, Stone
- Roof
- Asphalt Shingle
- Foundation Details
- Poured Concrete
- Special Designation
- Unknown
Lot
- Lot Front
- 24.00 ft
- Lot Depth
- 100.00 ft
- Lot Size
- 0.05
Inclusions
- Inclusions
- Fridge x 3, Stove x 3, dishwasher x 3, Washer x 2, Clothes dryer x 2
Exclusions
- Exclusions
- All tenants belongings
Parking & Garages
- Garage Type
- None
- Garage Spaces
- 2
- Parking Spaces
- 2
- Total Garage And Parking Spaces
- 2
Heating & Cooling
- Heat Source
- Gas
- Heat Type
- Forced Air
- Air Conditioning
- Window Unit(s)
- Water
- Municipal
- Sewers
- Sewer
- Bedrooms
- 4
- Washrooms
- 3
- Kitchens
- 3
- Family / bonus room
- Yes
Washrooms
- 4-piece, Second
- 4-piece, Main
- 3-piece, Basement
- Municipality
- Hamilton
- Neighbourhood
- Gibson
- Main cross streets
- Gibson avenue
- Directions
- "Hey Siri, take me to 574 Cannon Street East in Hamilton"
- MLS® number
- X12047702
- Data source
- Toronto Regional Real Estate Board
- Status change
- 2025-09-24
- Listed on
- 2025-03-28
- Days on market
- 180 days
- Possession type
- Immediate
- Co-op commission
- 2.0% + HST
- Seller
- Listed by
- KELLER WILLIAMS COMPLETE REALTY
Home Market Value
Current home valuation for 574 Cannon Street E, Hamilton, Gibson, Hamilton, ON. Listed for $749,900
HOMEH Estimate
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Estimated Sales Range
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HOMEH Estimate for 574 Cannon Street E, Hamilton, Gibson
Calculated with a real agent's CMA method — 45+ years of experience, codified. Not an AI guess.
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Mortgage Payment Calculator
Compare up to 4 down payment scenarios
5% on first $500K + 10% on $249,900 over $500K
$49,990
| Scenario 1 | Scenario 2 | Scenario 3 | Scenario 4 | |
|---|---|---|---|---|
−Down payment | % $ | % $ | % $ | % $ |
+CMHC insurance | $27,986 | $20,922 | $17,848 | $0 |
=Total mortgage | $727,643 | $695,832 | $655,263 | $599,920 |
Amortization | ||||
Mortgage rate | % | % | % | % |
| Payment frequency | ||||
=Mortgage payment | $3,553monthly | $3,397monthly | $3,199monthly | $2,929monthly |
Land Transfer Tax
$11,473
$11,473
Around this home
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